Top Investment Banks, Top 10 Investment Banks 2016 US $ 86.08 billion List of Top 10 Investment Banks: Goldman Sachs: Founded in 1869, it is one of the major global investment banking firms which services mainly institutional clients. It has strong client relationships with major corporations, governments. Goldman is one of the Top investment banks with US$ 40.08 billion revenue. Some of the services provided by the bank include asset management, acquisitions advice, mergers and prime brokerage among others. It also offers underwriting services to its customers who include corporations, governments, and individuals. Apart from this, Goldman Sachs also deals in market making and private equity deals. Morgan Stanley: The bank was established on September 16, 1935, and is a global financial services provider serving a diversified group of corporations, governments, financial institutions and individual. Headquartered in New York City, the bank has a presence in 42 countries. Comprising more than 1,300 officers, Morgan Stanley’s workforce comprises 60,000 employees.

As of 2014, Morgan Stanley had $1.454 trillion of assets under management, according to the Scorpio Partnership Global Private Banking Benchmark. This is an increase of 17.5 percent over its 2013 figure. JP Morgan Chase: One of the Big Four banks of the United States, JP Morgan Chase is a multinational banking and financial services holding company based in New York City. JP Morgan Chase is present in 60 countries around the world. With a net asset of USD 2 trillion, it is the sixth largest bank by total assets in the world. According to the Forbes Global 2000, JP Morgan Chase is the Fifth largest public company in the world. Credit Suisse: Based in Zurich, Switzerland, Credit Suisse provides major financial services including investment banking, Asset management and private Banking. Founded in 1856, Credit Suisse today employs around 48,200 people. As per the Scorpio Partnership, Credit Suisse had $888.2 billion of assets under management in the year 2014. This was an increase of 9.5 percent over its 2013 figure.

Bank of America Merrill Lynch: It is one of the major financial services company in the United States and is highly regarded for its investment banking services. Some of the major services provided by the bank include mergers and acquisitions, equity and debt capital markets, lending, trading, risk management, research, and liquidity and payments management. Barclays Capital: It is one of the major investment banks in the world. It is the 25th largest company in the world. It is European Bank based in the United Kingdom that has global operations in investment banking and other financial services. Citigroup: It is a leading major financial services company based in Manhattan, New York, United States. The bank has operations in 140 countries and has over 16,000 offices around the world. With 357,000 employees, the bank has more than 200 million customer accounts worldwide. As of 2009, Citigroup formed a part of the Big Four banks in the United States of America. In the Fortune 500 list in 2012, Citigroup ranked 20th in size.

Deutsche Bank: It is a global financial services provider dealing in a wide range of financial products and services including many investment management services. Deutsche was founded in 1870 and is based in Frankfurt, Germany. The bank operates in 70 countries around the world and has a workforce of 100,000 employees. Investment banking forms the core business of Deutsch bank. This business represents 50 percent of profits, 50 percent of equity and 75% of leverage assets. UBS: UBS is a Swiss global financial services company. The bank is incorporated in the Canton of Zurich and is co-headquartered in Basel and Zurich. The company provides services in the fields of asset management, wealth management, and investment banking. UBS works for corporate, private and institutional clients around the world. One of Switzerland’s leading banks, UBS is present in around 50 countries and has a workforce of approximately 60,000 people. Wells Fargo: Founded in 1852, Wells Fargo is an American multinational company and is headquartered in San Francisco, California. Wells Fargo provides banking and financial services.

One of the top banks in the world, Wells Fargo was placed at the 10th position on the Forbes Magazine Global 2000 list of largest public companies in the world. In the Fortune 500 list in 2015, it was ranked at the 30th spot among the largest companies in the United States. The Largest Investment Banks Worldwide from January 01, 2016 to July 04, 2016 S.no. History of Our Firm | JPMorgan Chase & Co. History of Our Firm chase.com jpmorgan.com History of Our Firm JPMorgan Chase & Co. is one of the oldest, largest and best-known financial institutions in the world. The firm's legacy dates back to 1799 when its earliest predecessor was chartered in New York City. Our firm is built on the foundation of more than 1200 predecessor institutions. Its major heritage firms — J.P.

Morgan, Chase Manhattan, Chemical, Manufacturers Hanover (in New York City) and Bank One, First Chicago, and National Bank of Detroit (in the Midwest) were each closely tied, in their time, to innovations in finance and the growth of the United States and global economies. As JPMorgan Chase & Co does today, these firms also made significant contributions to their local communities. Key mergers that shaped who JPMorgan Chase is today: In 1991, Manufacturers Hanover Corp. merged with Chemical Banking Corp., under the name of Chemical Banking Corp., then the second-largest banking institution in the United States. In 1995, First Chicago Corp. merged with NBD Bancorp., forming First Chicago NBD, the largest banking institution based in the Midwest. In 1996, The Chase Manhattan Corp. merged with Chemical Banking Corp., under the name of The Chase Manhattan Corp., creating what was then the largest bank holding company in the United States. In 1998, Banc One Corp. merged with First Chicago NBD, under the name of Bank One Corp. After a subsequent merger, Bank One became the largest financial services firm in the Midwest, the fourth-largest bank in the U. S.

and the world's largest Visa credit card issuer. In 2000, J.P. Morgan & Co. Incorporated merged with The Chase Manhattan Corp., effectively combining four of the largest and oldest money center banking institutions in New York City (J.P. Morgan, Chase, Chemical and Manufacturers Hanover) into one firm under the name of J.P. Morgan Chase & Co. In 2004, Bank One Corp. merged with J.P. Morgan Chase & Co. The New York Times said the merger "would realign the competitive landscape for banks" by uniting the investment and commercial banking skills of J.P. Morgan Chase with the consumer banking strengths of Bank One. In 2008, JPMorgan Chase & Co. acquired The Bear Stearns Companies Inc., strengthening its capabilities across a broad range of businesses, including prime brokerage, cash clearing and energy trading globally. Also in 2008, JPMorgan Chase & Co. acquired the deposits, assets and certain liabilities of Washington Mutual's banking operations.

This acquisition expanded Chase's consumer branch network into California, Florida and Washington State and created the nation's second-largest branch network — with locations reaching 42% of the U.S. population. In 2010, J.P. Morgan acquired full ownership of its U.K. joint venture, J.P. Morgan Cazenove, one of Britain's premier investment banks. The unique and rich legacy of JPMorgan Chase and its heritage institutions is described further in the History of JPMorgan Chase brochure . stumbleupon Email Comment The current financial crisis has plunged much of the world into an economic malaise not seen since the Great Depression of the 1930s. it has resulted into the collapse of the housing market, foreclosures and higher unemployment. Stock markets have taken a downturn, even as governments try to bail out banks that are considered as too big to fail. While large financial institutions have been both victims and culprits of the global crisis, it is still probably safer to keep your funds with big banks.

They have the assets and the equity to back them up in times of problems, and even if they do start to fail, its size and effect on the economy mean that they are likely to be supported by the government. Here are the top ten largest banks in the world in terms of assets. 1. Deutsche Bank, Germany – $2.8 trillion in assets It is headquartered in their Twin Towers in Frankfurt. It maintains offices in all the major and emerging markets, employing more than a hundred thousand people spread over 70 countries. The bank is one of the largest dealers of foreign exchange in the world, controlling over a fifth of the market. 2. HSBC, United Kingdom – $2.6 trillion in assets The banks roots can be traced to 1865 when it opened offices in Hong Kong and Shanghai in China, thus the name HSBC, which stands for Hong Kong and Shanghai Banking Corporation. In 1991, HSBC Holdings plc was established to serve as the holding company and to enable its purchase of Midland Banks in the United Kingdom. The bank is based in London, but has a presence in 85 countries and territories around the world. 3.

BNP Paribas, France – $2.5 trillion in assets The bank is a result of a merger between Banque Nationale de Paris and Paribas in 2000. It is based in Paris, though it also has a global headquarter in London. It considers France, Italy, Belgium and Luxembourg as its domestic markets. Its main focuses are on retail banking, corporate and investment banking, and investment solutions. The last one includes asset management, real estate services and custodial banking. 4. Industrial and Commercial Bank of China, China – $2.4 trillion in assets initially established in 1984 as a limited company, ICBC is one of the Big Four banks based in China that are owned by the state. The others are the Agricultural Bank of China, Bank of China and the China Construction Bank. ICBC is the largest in the world in terms of profit and market capital. 5. Mitsubishi UFJ Financial Group, Japan – $2.4 trillion in assets The bank is the fruit of a merger in 2005 by the second and fourth largest banking groups in Japan, namely the Mitsubishi Tokyo Financial Group, or MTFG, based in Tokyo and UFJ Holdings based in Osaka.

Based in Chiyoda in Tokyo, the financial institution is one of the main companies of the giant Mitsubishi group. It is the second largest bank in the world in terms of deposit holdings. 6. Credit Agricole, France – $2.4 trillion in assets In terms of retail banking, Credit Agricole is the largest bank in France and the second largest in the whole of Europe. It has branches in more than 60 countries and serves more than 21 million clients. It has also been listed as the second largest cooperative in the world. The strategy that the bank follows is the development of a major presence in the different banking markets of Europe by purchasing a significant stake in the different local banks. 7. The Barclays Group, United Kingdom – $2.4 trillion in assets This is a British bank and financial services company based in London. Known for its sponsorship of the English Premier League, Barclays has a presence in more than 50 countries all over the globe and serves more than 48 million customers. It has a universal bank status and is engaged mostly in corporate and investment banking, wealth and investment management, and retail and business banking. 8.

The Royal Bank of Scotland, United Kingdom – $2.3 trillion in assets The Royal Bank of Scotland, or the RBS Group, is a British banking and insurance holding firm based in Edinburgh in Scotland. More than 80 percent of its shares are held by the British government, though the government’s voting rights are limited to only 75 percent to allow the bank to maintain its listing in the London Stock Exchange. The RBS Group controls several banks that have been around for quite some time, including (1) The Royal Bank of Scotland plc, which was established in 1727 through a Royal Charter by King George I, (2) the National Westminster Bank, which was founded in 1650 as the Smith’s Bank of Nottingham, and (3) the Dublin-based Ulster Bank, which began operations in 1836. 9. JP Morgan Chase, United States – $2.3 trillion in assets This financial giant was established in 2000 when the Chase Manhattan Corporation merged with J.P. Morgan & Co. it is the largest bank in the United States, and it is also considered as the second largest public company in the world.

It is a major provider of financial services and its hedge funds are one of the largest in the country. The merger proved to be a perfect marriage, with J.P. Morgan focusing on investment banking, asset management, private banking, wealth management and treasury and security services. Chase’s major competencies, on the other hand, are in the fields of commercial banking, retail banking, and credit card services in the U.S. and Canada. 10. Bank of America, United States – $2.1 trillion in assets The bank is based in Charlotte, North Carolina, but has a presence in more than 150 countries. Clientele includes 99 percent of the Fortune 500 companies based in the U.S. and 83 percent of the magazine’s global 500. It is the largest wealth management corporation in the world and is considered a major player in investment banking after it purchased Merrill Lynch in 2008.

20 Shares Top MBA Recruiters: JPMorgan Chase | China Economic Review MBA News Top MBA Recruiters: JPMorgan Chase John Byrne - Fri, 07/29/2016 - 02:19 Category: News updates Share this: The largest bank in the United States, JPMorgan Chase & Co. is a multinational banking and financial services holding company based in New York, New York. JPMorgan Chase is one of the Big Four banks of the United States, along with Bank of America, Citigroup and Wells Fargo. According to Bloomberg, in October 2011, JPMorgan Chase surpassed Bank of America as the largest American bank by assets. JPMorgan is also the world’s sixth largest bank by total assets, with total assets of $2.35 trillion, and the fifth largest public company in the world, according to the Forbes Global 2000. The bank is also a major provider of financial services, and according to Forbes, is the world’s sixth largest public company based on a composite ranking. JPMorgan became the country’s largest bank thanks to a number of key mergers.

Some of these mergers include: In 1991, Manufacturers Hanover Corp. merged with Chemical Banking Corp., under the name of Chemical Banking Corp., then the second-largest banking institution in the United States. In 1996, the Chase Manhattan Corp. merged with Chemical Banking Corp., under the name of the Chase Manhattan Corp., creating what was then the largest bank holding company in the United States. In 2000, JPMorgan & Co. Incorporated merged with the Chase Manhattan Corp., effectively combining four of the largest and oldest money center banking institutions in New York City (JPMorgan, Chase, Chemical and Manufacturers Hanover) into one firm under the name of J.P. Morgan Chase & Co. In 2004, Bank One Corp. merged with J.PMorgan Chase & Co. The New York Times said the merger “would realign the competitive landscape for banks” by uniting the investment and commercial banking skills of JPMorgan Chase with the consumer banking strengths of Bank One. In 2008, JPMorgan Chase & Co. acquired the deposits, assets and certain liabilities of Washington Mutual’s banking operations.

This acquisition expanded Chase’s consumer branch network into California, Florida and Washington State and created the nation’s second-largest branch network—with locations reaching 42 percent of the U.S. population. In 2010, JPMorgan acquired full ownership of its U.K. joint venture, JPMorgan Cazenove, one of Britain’s premier investment banks. JPMorgan and the MBA JPMorgan is a highly popular destination for MBAs to seek employment. According to Fortune‘s list of 25 Most Desirable MBA Employers, JPMorgan was ranked tenth, with 7.94 percent of MBAs wanting to work with the investment bank. The Fortune profile states: Looking to fill around 115 spots with MBA talent, J.P Morgan will place the hires in investment and private banking, as well as research and sales positions. Independence, maturity, drive, initiative and integrity are key. MBAs who get the nod enjoy an average starting salary of $95,000 a year, a sign-on bonus, relocation assistance and perks like discounts on hybrid and green-friendly cars.

According to CNN Money, JPMorgan looks for academic achievement and strong track records in potential hires, but successful candidates don’t always come from a financial services background. Noreen McEnaney, who runs campus recruiting in North America for the investment bank told CNN, “We really look for people who have unique and diverse backgrounds. We’re always looking to add fresh perspectives and appreciate the value of people who shift career tracks at the MBA level.” She added, “Associates have the opportunity to make an immediate impact and really do have client interaction which is very important to their career growth.” JPMorgan maintains a presence at top B-schools across the country and offers a number of special programs and internship opportunities to MBAs so that they can get their foot in the door at the firm. For example, there is the Early Advantage MBA program, which is designed for rising first-year MBA students from diverse backgrounds. Participating MBAs will explore the career opportunities available in investment banking and wealth management, meet and network with senior firm leaders and attend workshops, refining technical skills and learning to leverage their personal brands for maximum career impact. After completing the program, MBAs will possess a strong foundation of knowledge about JPMorgan.

A deep understanding of the firm can take a career to the next level through the bank’s network, MBA summer internship and full-time programs. One of the internships offered by JPMorgan is the Winning Woman MBA Internship. This program is open to first-year MBA female students looking for an exciting place to put their skills and background into practice. MBAs participating in this internship can experience the firm’s culture of success by observing and interacting witt inspirational women in various areas and at various levels of the business. Participants will gain insight and networking opportunities from presentations and interactive skill sessions led by inspirational women at the company. According to JPMorgan, the foundational introduction offered through the Winning Women program will help MBAs build their career in financial services. Share this: stumbleupon Email Comment In recent years, we have seen the rich get even richer as banks consolidate through mergers and acquisitions. This has allowed them to become stronger institutions as they can better leverage their assets and equity. Here is a list of the top 10 richest banks in the USA in terms of assets. 10.

PNC Financial Services Group – $299.71 billion PNC Financial Services can trace its roots to the Pittsburgh Trust and Savings Company, which was established in Pittsburgh in 1852. In 1863, it became the first bank to receive a national charter under the National Banking Act. It changed its name to the First National Bank of Pittsburgh. After several mergers and acquisitions, it became known as the Pittsburgh National Bank under the Pittsburgh National Corporation. In 1982, it merged with the Provident National Corporation to become the PNC Financial Corporation. The bank has a presence in 19 states and employs almost 52,000 people. 9. HSBC North America Holdings – $317.48 billion HSBC North America Holdings is the holding company for all of HSBC’s American and Canadian businesses. It serves more than 60 million clients in personal financial services, consumer finance, commercial banking, private banking and corporate investment banking. It is based in Prospect Heights in Illinois. It offers its financial products and services under the HSBC, HFC and Beneficial brands. 7. U.S. Bancorp – $353.13 billion The U.S.

Bank was actually formed back in the 90s after the purchase of several major banks in the West and Midwest regions. The first time its name appeared, however, was way back in 1891 as the United States National Bank of Portland. It can also trace its roots from banks in St. Louis in 1850, Milwaukee in 1853, Cincinnati in 1863 and Minneapolis in 1864. It employs more than 63,000 people and serves over 15.8 million clients. It has 3,080 branches and 5,085 ATMs spread over 25 states. It offers consumer banking, wealth management, wholesale, trust and global payment services. 6. Morgan Stanley – $748.51 billion Morgan Stanley started out in 1935 after the passing of the Glass-Steagall Act that required the separation of commercial and investment banking businesses. J.P. Morgan & Co. chose commercial banking, prompting some of its employees, namely Henry S. Morgan and Harold Stanley to form Morgan Stanley. It currently has a presence in 42 countries.

It employs 60,000 people spread over 1,300 offices. Some of its services include investment banking, asset management, commercial banking, prime brokerage, investment management, commodities and retail brokerage. 5. Goldman Sachs Group – $948.98 billion Marcus Goldman and Samuel Sachs established the Goldman Sachs Group in 1869. It employs more than 32,600 people and offers mergers and acquisitions advice, underwriting services, asset management, private equity and prime brokerage. Its clients include individuals, corporations and governments. Is considered as one of the top investment banks in the world, though it has gotten a lot of flak for controversial and improper practices during the height of the recent financial crisis that hit the world market. 4. Wells Fargo & Company – $1.33 trillion Wells Fargo & Company was established in 1852 in New York City. It has more than 9,000 retail branches and 12,198 ATMs spread over 39 states and the District of Columbia. It employs more than 270,000 employees and serves over 70 million clients.

The company was actually purchased in 1998 by the Norwest Corporation from Minneapolis, but the latter decided to keep the Wells Fargo name to take advantage of its long history and name. In 2008, the company also bought Wachovia from Charlotte. The company’s headquarters are located in San Francisco. 3. Citigroup – $1.91 trillion The Citigroup came about after the merger of Citicorp and Travelers Group in 1998. It can trace its roots to 1812 when Citicorp was first established. It currently has a presence in 140 countries around the world with 16,000 offices. It employs around 260,000 people and serves over 200 million customer accounts. The group took a beating during the 2008 financial crisis, forcing it to seek a massive stimulus package from the US government. It was able to repay in full by 2010. It has since become one of the best capitalized financial institutions in the world. 2. Bank of America Corp.

– $2.16 trillion Bank of America came about after the purchase of BankAmerica by NationsBank of Charlotte in 1998. It was the largest bank acquisition at the time. It took the name of Bank of America to take advantage of its name and history, as it can trace its roots all the way back to 1904 as the Bank of Italy. After its 2008 purchase of Merrill Lynch, it became the largest wealth management corporation in the world and one of the major players in the field of investment banking. In 2009, it was estimated that Bank of America held 12.2 percent of all bank deposits in the US. It has an office in all 50 states and the District of Columbia, as well as in 40 other countries. It employs more than 272,600 people and serves 57 million clients. 1. J.P. Morgan Chase & Co. – $2.29 trillion J.P. Morgan Chase came about after the merger of J.P. Morgan & Co. and Chase Manhattan Corporation in 2000.

It then bought Bank One, Bear Stearns and Washington Mutual over the course of four years. J.P. Morgan is used for investment banking services, while Chase is used for commercial banking and credit card services. It has one of the largest hedge funds in the country. It employs almost 259,000 people and it is considered as the second largest public company in the world. 13 Shares Loans, Savings, Credit cards, Currencys - Bankweb.com Credit Cards Top banks in US and currency converter tools. Loans, Savings, Credit Cards and much more. Loans by admin on 18 November 2014in bank , Uncategorized Charles Schwab Corp. functions as a banking and brokerage company with its base in San Francisco, California. It operates mainly in the U.S. but has stations in London and Puerto Rico. It was founded by Charles “Chuck” Schwab in 1971 under the name First Commander Corporation. It was declared to be among the best in Banking Services in 2012 and Retirement Services in 2014, according to the Online Broker Review. Its main services are banking, wealth management, investing, and trading.

Under banking services are those involving saving accounts, home loans, and checking accounts. Wealth management offers are portfolio management, planning, and financial consulting. The company provides assistance with investments through investment guidance, portfolio management and evaluation, IRAs and other investment methods. The company’s brokerage business allows clients to trade stocks, ETFs and other exchangeable assets. Ameriprise Financial by admin on 18 November 2014in bank , Uncategorized Ameriprise Financial is an America financial holding company established in 1983. The company headquarters is in Minneapolis, Minnesota. It allocates services for asset and wealth management, annuities, financial protection, and corporate affairs. Financial advisors are available for individuals and companies. Its Threadneedle branch offers international investment services and products while the Columbia Management branch manages transactions in America. Its RiverSource Life Companies branch handles annuities for retail clients. Life insurance, property-casualty insurance, disability and income insurance are some of the available offers in their Protection segment. It provides assistance with life events such as new baby, college education, marriage, divorce, estate planning, home buying, investment planning, business ownership, job transition or loss, home downsizing, long-term health care, and retirement.

Different kinds of investments are also offered by this company. Ally Financial by admin on 18 November 2014in bank , Uncategorized Ally Financial is a global bank holding corporation which is headquartered in Michigan. It was previously named as GMAC or General Motors Acceptance Corporation. The bank’s accomplishments include being mentioned as the best online bank for three consecutive years by Money magazine, having around 800,000 clients, and maintaining a customer satisfaction score above 90%. Its businesses include corporate financing, auto financing, dealership, and online banking. The corporate finance branch provides target market services, financing needs assistance, and various loans. Auto dealer services include ally dealer rewards, ally blueprint for dealer growth program, etc. Protection products include inventory insurance, property & casualty insurance, vehicle insurance, service and maintenance contracts, and more. It offers mobile banking, savings and CDs, IRAs, ATM service, and checking accounts. American Express by admin on 18 November 2014in bank , Uncategorized American Express Company is a multinational banking and travel corporation. Its main branch is in Manhattan, New York City. The company operates in 40 countries.

Founded in 1850, it belongs to the group of the oldest banks in America. American Express is widely known for its credit cards, which makes up close to a quarter of all credit card transactions in America. Services include direct mail and online applications, direct response advertising, targeted sales forces, corporate management solutions, card programs, payment processing, etc. Its global business travel segment gives investment solutions via offline and online methods and mobile apps. It also includes travel planning, travelers insurance and cheques, and global assistance. The Global Network & Merchant services branch is for global payment processing, product sails, marketing programs, and more. SunTrust Banks by admin on 18 November 2014in bank , Uncategorized SunTrust Banks is a holding company operating in the United States. It serves in the Southeast portion of America. It was set up in 1985, but its predecessor, the Trust Company of Georgia, was established in 1891. The original corporation merged with Sunbanks, Inc. that was founded in 1934. Their 1985 merger resulted in the creation of Sun Bank in Florida and Trust Company in Georgia.

It was only in 1995 when the company acquired its current name, SunTrust Banks. It acquisited some companies like the Robinson-Humphrey Company and the National Commerce Financial Corporation. Its online banking services include personal finance software, online payments and transfers, and TurboTax. It also provides mobile banking. It provides a range of credit and prepaid card services. Loans are likewise available for autos, homes, motorcycles, education, and medical care. Retirement plans and services can be purchased from this bank. BB&T by admin on 18 November 2014in bank , Uncategorized The BB&T (Branch Banking and Trust) Corporation is considered to be one of the largest US holding companies in terms of market capitalization and assets. It is based in North Carolina and operates close to two thousand centers in 12 American states. Currently belonging to the group of Fortune 500 companies, its history traces back to the year 1872. It has survived both world wars and merged with several banks to achieve its status today. It offers a comprehensive range of services for individual clients and businesses.

Advisory services can be requested for banking, strategic credit, risk management, investment, trust & estate services, and other concerns. Companies can be assisted with insurance for various aspects of the business such as employee benefits, commercial property and liability, business planning, transportation, claims consulting, risk control, and more. Clients can avail of banking accounts, cards, and other convenient banking methods Principal Financial Group by admin on 18 November 2014in bank , Uncategorized The Principal Financial Group is a multinational investment company with its main office in Iowa. It is listed among the Fortune 500 companies with nearly $500 billion in assets. Aside from being widespread in America, they have branches in numerous countries within Latin America, Australia, Asia, and Europe. The company originated in 1879 under the name Bankers Life Association. It provides products for individuals, businesses, and financial professionals. In the U.S., they offer life insurance of various types. Retirement products include investment options, multiple retirement plans, and employee stock ownership plans, to name a few. They offer group insurance for disability, vision, critical illness, dental health, and life.

Owner and key employee solutions involve income and business protection, business exit planning, estate planning, and retirement income. TD Bank Company by admin on 18 November 2014in bank , Uncategorized TD Bank Company or Toronto-Dominion Bank is a global financial and banking services company based in Toronto, Canada. Aside from serving its host country, it also has operations in Europe and the United States. Its U.S. Personal and Commercial Banking segment handles commercial and retail banking transactions done in America. It has several branches such as the U.S. Personal and Commercial Banking, Canadian Personal and Commercial Banking, Wholesale Banking, and Wealth and Insurance. It helps businesses with their finances, banking requirements, investments, cash management, international trading affairs, and other concerns. It provides credit cards, a range of insurance products, underwriting services, advice on acquisitions, and assistance for other company and financial matters. In Canada, the available services are: auto finance, trust, commercial banking, wealth management, and insurance. Direct investing is for the U.K. In the U.S., services for auto finance, Ameritrade, wealth management, and securities are available.

State Street Corporation by admin on 18 November 2014in bank , Uncategorized State Street Corporation is a long-running holding company based in the United States. Its establishment dates back to 1792 and it is among the oldest banks in America. With headquarters in Boston, the company operates in 25 countries. Its main partitions are the Commercial Real Estate branch and the Institutional branch. Its capabilities are the following: investment operations and analytics, custody, accounting, fund administration, and accounting. Industry services include banks, government entities, insurance companies, wealth managers, pension plans, collective funds, and alternative investment funds. They offer market-driven solutions involving ETF services, collateral and derivatives, insurance products, information delivery, and risk services. Their investment servicing and management provides for mutual funds, collective investment funds, investment pools, custody, accounting, foreign exchange, securities financing, loans financing, financial assets management, and more HSBC by admin on 18 November 2014in bank , Uncategorized HSBC North America Holdings is the North American segment of HSBC Holdings, Inc. The bank’s main location is in London but it has branches in America, Canada, the Middle East, North Africa, Asia, and Europe.

HSBC’s operations span 80 countries and nearly 7,000 offices. During the year 2012, it is the largest bank in the world in terms of assets. Right now, its assets reach almost $3 trillion while their clients are estimated to be at 60 million. HSB North America Holdings in particular is in New York. Its services include banking, lending, investing, retiring, and insurance. They allow international banking transactions such as opening accounts in other countries, global money transfers, international mortgages and relocations. Their loaning services include credit card loans and home loans. Financial advisors may be hired for assistance regarding financial reviews, investment matters, and other related concerns. Capital One by admin on 18 November 2014in bank , Uncategorized Capital One Financial Corporation is a holding company in the US founded in 1994 with headquarters in Virginia. It is listed among the largest banking holding companies in the country and it is a Fortune 500 company. Although they primarily conduct business in America, they also do business in the UK and Canada. They offer financial services to consumers, commercial clients, and small businesses.

A notable achievement of this bank is that it contributed to the dissemination of credit cards when they were new to the public. They have business branches for credit cards, commercial banking, and consumer banking. Credit card services are available for small businesses and clients. They handle deposits, auto loans , mortgages and house loans , business loans , investments, business checking and savings accounts , cash flow management, 401(k) plans, merchant services, treasury management for companies, and other financial matters. PNC Financial Services Group by admin on 18 November 2014in bank , Uncategorized PNC Financial Services Group (PNC) is a financial services company in the US. Founded in 1852, it has gone through several mergers until it is the one of the largest banks in the US with regards to total assets, bank deposits, and ATM provisions. Its main office is in Pennsylvania. It has six main segments: Corporate & Institutional Banking, Retail Banking, Asset Management, BlackRock segment, Residential Mortgage Banking, and Non-Strategic Assets Portfolio. It deals with services for checking and savings accounts, debit/prepaid/credit cards, phone banking, workplace banking, online banking, student banking, and military banking.

They also handle investments and retirement matters such as brokerage accounts, education accounts, retirement accounts, retirement options, insurance, and more. Their wealth management services include planning, asset protection and management, and personal banking services. Bank of New York Mellon by admin on 18 November 2014in bank , Uncategorized The Bank of New York Mellon Corp. (BNY Mellon) functions as a bank holding company with international operations. The Bank of New York and Mellon Financial Corporation merged to form this company. BNY is the oldest banking company in the US: the Bank of New York started in 1784 while T. Mellon & Son’s Bank (the original name of Mellon Financial Corp) was founded in 1869. The merged BNY Mellon was established in 2007. Currently, the bank serves 36 countries. Its headquarters is at 1 Wall Street in Manhattan, New York. As of this writing, this bank has around $30 trillion worth of assets and a hundred markets. The company gives services for global markets, traditional and alternative investments, central securities deposits, collaterals, derivatives, corporate trust, and treasuries.

U.S Bancorp by admin on 18 November 2014in bank , Uncategorized U.S. Bancorp is a bank holding company with headquarters in Minneapolis, Minnesota. The bank’s progenitor was founded in 1850 but the present U.S. Bancorp is officially established around 1990. The company is the product of the acquisition and mergers of not less than 50 US banks. The U.S. Bank National Association, one of the largest banks in America in terms of assets and number of branches, is a subsidiary of U.S. Bancorp. Its investment operations are solely within the United States but payment processing and merchant services are intenational.Their services include online and mobile banking, checking and savings, prepaid and credit cards, mortgage and refinancing, loans and credit lines, deposits, management of wealth and investments, insurance, leasing, brokerage, credit cards, import and export trading, agricultural finance, lock-box collection, and more. Morgan Stanley by admin on 18 November 2014in bank , Uncategorized Morgan Stanley is a global financial company founded in America in 1935.

Its headquarters is in New York but its operations span 42 countries in most of the continents of the world. The company name originated from its two founders – Henry Morgan and Harold Stanley. The company’s founders were originally part of J.P. Morgan & Co but they left and formed the present day Morgan Stanley. The reason behind this switch: an old law that prohibited a holding company’s ownership of both commercial and investment banking businesses prompted J.P. Morgan to prioritize commercial businesses, and this led several of its employees including Morgan and Stanley to jump ship. As of the present, the Morgan Stanley Corporation offers investment service such as brokerage, investment banking and management, trading and sales, and investment research. They also offer wealth management and planning services. Goldman Sachs by admin on 18 November 2014in bank , Uncategorized The Goldman Sachs Group is a multinational banking firm that services clients with large revenue such as companies, governments, and the wealthy. Founded in 1869, it has maintained its operations up to now and has achieved its status as one of the best performing banks in America.

The headquarters is located in New York and has several branches in America, but the company has also expanded its operations to far away countries like India, Sweden, Nigeria and the United Kingdom. The company can be consulted for professional advice regarding acquisitions, mergers, restructurings, spin-offs, portfolio planning, wealth generation, wealth management, and other activities that involve companies and finances. They also handle investments, stocks, loans, securities, real estate, and power generation facilities. Wells Fargo & Company by admin on 18 November 2014in bank , Uncategorized Wells Fargo & Company is a bank serving the US and several countries in Latin America, Europe, the Middle East, India, and Asia. Its name frequently comes up in lists of achievers in the banking and financial industry. It is among the largest US companies to date, and it ranks high in terms of assets, deposits, debit cards, and mortgage servicing. The original Wells Fargo is founded in 1852 – it merged with Norwest Corporation in 1998.

Between these two dates, they have launched several acquisitions and mergers with other companies such as the National Bank of Alaska, Placer Sierra Bank, Century Bank, and Merlin Securities, to name a few. They provide diverse services and products for small businesses and consumers – banking transactions, securities, loan provisions, equipment leasing, investments, and more. Citigroup by admin on 18 November 2014in bank , Uncategorized Citigroup, also known as Citi, is a global financial corporation that is the product of Citicorp and Travelers Group’s merger last 1998. In 2008, it was deemed as the third-highest earner among financial holding companies in the US. In terms of its scope, Citi boasts of the most number of locations served – 140 countries in total. It has two main branches, namely Citi Holdings and Citi Corp. Citi Holdings deals with asset management and brokerage, while Citi Corp manages banking transactions for consumers and institutions. The company caters to consumers, businesses, institutions, and governments alike. They provide the following: consumer and corporate banking, asset and investment management, credit card loans, and financial analysis. Their main office is situated at New York.

Bank of America by admin on 18 November 2014in bank , Uncategorized Bank of America started way back in 1904 and has expanded its operations worldwide. The company’s headquarters is in North Carolina, US and it has offices in every state in America. It also has several branches in China and Latin America. In 2010, this bank was ranked as the third among the biggest companies internationally in terms of total income generated. The bank still holds its status as top-earner in America at present despite the many lawsuits filed against it in the past years. Their main target is the domestic market, which makes up about 90% of their revenue. They offer services involved in banking, credit, and investments for both consumers and corporations, such as the following: savings, checking, credit, and investment accounts; real estate; mortgage loans; financial advisories; asset and financial management; brokerage; and financial planning. JP-Morgan Chase by admin on 13 November 2014in bank J.P. Morgan Chase & Co. is a global company offering various banking and financial services. Founded in 2000, it has become one of the largest banks in the US.

Its present name is derived from the collaboration of J.P. Morgan & Co. and Chase Manhattan Corporation, which were long-running financial institutions before their merger. Since then, the company grew through additional mergers and acquisitions of Bank One, Bear Steams, Washington Mutual, Collegiate Funding Services, The Bank of New York Co., and ClimateCare. Their services include the following: banking transactions at their branches and through ATMs, phones, and online; counseling about corporate and financial matters; real-estate and mortgage; handling investments, securities, and stocks; market research and generation; capital raising; loan provisions; payment processing; and asset management. Their headquarters is in New York City.

Question: Now the largest back in the US (by assets), what investment bank merged with Chase Manhattan in 2000?
Answer: JP Morgan